learning path

Retail Data Best Practice

This course explores how suppliers and retailers can collaborate to leverage retail data, unlock mutual opportunities and drive profitability.
Difficulty: Intermediate
Duration: Up to 47 minutes
Students: 95
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5 steps
There are 2 Exams in this learning path
There are 3 Courses in this learning path
COURSE
Intermediate
Duration: 2 minutes and 1 second
Retail Data Best Practice Introduction
Welcome to this course on Retail Data Best Practice.
COURSE
Intermediate
Duration: 8 minutes and 38 seconds
Collaboration, Data Sharing & Ways of Working
The rapid rise of eCommerce in recent years has brought about a number of changes for both retailers and suppliers, especially with regards to how they work together. Today, retail data provides the foundation for joint business planning, helping to inform and unlock mutual opportunities in areas like the shopper experience, product innovation and the supply chain. In this lesson, we explore the steps that retailers and suppliers can take to encourage effective collaboration, and track key performance indicators to drive sustainable long-term partnerships.
COURSE
Intermediate
Duration: 16 minutes and 47 seconds
Transforming Data Into Actionable Insight
To generate actionable insight from retail data, suppliers and retailers need to ensure that any analysis is framed around clearly defined business objectives and hypotheses. But, knowing where to start can be tricky. In this lesson, we explore some of the key areas within a business where retail data can be a driving force for change. We discuss the importance of using key category metrics to frame hypotheses, and look at three different drivers of performance: promotions, assortment and shopper marketing.
EXAM
Duration: Up to 10 minutes
Retail Data Best Practice Post-Assessment
Retail Data Best Practice Post-Assessment